JACKSON — Fortune 500 process services company SYNNEX Corporation is pursuing a new venture in Northwest Mississippi that it hopes will provide hundreds of new jobs for the area's residents. The company has expanded in DeSoto County in Northwest Mississippi and intends to invest $20 million and create 600 jobs over the next five years.

“The new jobs being created by SYNNEX in Northwest Mississippi have paved the way for hundreds of individuals to pursue exciting, high-tech careers with the company while strengthening the communities in which SYNNEX is located,” Gov. Phil Bryant said.

SYNNEX is a leading business process services company and provides a range of information technology systems and products. The company recently moved its Mississippi distribution operations from Olive Branch to an existing facility in Southaven and converted its Olive Branch location into a manufacturing facility. The bulk of the news jobs being created will be in Olive Branch but both facilities will have new jobs integrated.

The Mississippi Development Authority is providing assistance for building improvements and equipment relocation and installation. Mississippi Works funds are available to assist with workforce training.

The MDA is the state's lead economic and community development agency. It focuses on new business recruitment, the expansion of current businesses and workforce training, among other things.

The cities of Southaven and Olive Branch and DeSoto County will consider providing assistance in the form of 10-year partial property tax exemptions and a Free Port Warehouse exemption. The Tennessee Valley Authority and Entergy are assisting with the project as well.